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Overview

Longtime Forex traders know they will never achieve certainty ofprofit. The best they can hope for is to trade uncertainty for aproven system and a reliable combination of recurringpatterns.

Beat the Odds in Forex Trading shows you how to replace ficklepredictive formulas with tangible market chart patterns todramatically augment your Forex trading results. In this book,skilled currencies trader and trainer Igor Toshchakov (L. A. Igrok)details his Igrok Discrete-Systematic Method, the straightforwardand accurate system that allows you to enter and exit the marketaccording to clear-cut mechanical rules instead of vague hunchesand emotional guesswork.

With the Igrok Method, you use measurable statistical signals toestimate the probability that a market will move in a givendirection at a given moment. Beat the Odds in Forex Trading walksyou step-by-step through this proven powerful method so youcan:

Set aside fundamental considerations that underpin Forexfluctuations to focus on strategies to profit from thosefluctuations

Eliminate the necessity of making market predictions byreplacing them with a strict systematic approach in an otherwisediscrete trading environment

Identify statistically significant trends and chart thosetrends to estimate directional probability of the next marketmovement

Detect signs of a false trend line break that, in reality,could be confirmation of an ongoing trend continuation

Choose currency pairs based primarily on their liquidity,activity, and average amplitude of fluctuations

Select money management principles based on situations, tradesystems, and current market conditions

Filled with in-depth insight and expert advice, Beat the Odds inForex Trading details odds-enhancing trading strategies forentering and exiting the market using the Igrok Method; reviewsstrategies for recognizing and counteracting central bankinterventions that can either destroy or greatly enhance a currencytrading account; and provides templates for short-term and intradaytrading.

Overthinking can harm even the most experienced trader. Beat theOdds in Forex Trading shows you instead how to read the currencymarkets and react—in ways shown over time to increase yourodds of success. It replaces excessive formulas and theoreticalcalculations with proven methods and techniques, resulting in atrading guide that will greatly strengthen your trading approach,from both a philosophical and tactical point of view.

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Meet the Author

IGOR TOSHCHAKOV (L. A. IGROK) is a trader, money manager,and founder of the online trading school at www.igrokforex.com andinvestment advisory firm Igrok Trading International. This schoolhas taught hundreds of traders since it opened in 2000 and offersnumerous online courses. Toshchakov currently manages severalportfolios for various entities, and Igrok Trading International isthe exclusive advisory firm for "Mina Capital" Fund of Funds in "C"and "D" share classes.

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